Given the spike in disregard for fundamental risk we continue our micro-bubble winners and losers theme to help investors. :
Given the spike in disregard for fundamental risk exemplified by the GameStop
GME
frenzy, I continue my micro-bubble winners and losers theme to help investors assess fundamental risks. This week’s winner/loser pair is Hyatt Hotels (H) as a Long Idea and Airbnb, Inc. (ABNB) as the Danger Zone pick. I originally featured Airbnb in December 2020 prior to its IPO. Given ABNB’s GME-like rise to ~$200/share, the stock is clearly in a micro-bubble.